Bridgewater Associates
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Ray Dalio's Bridgewater Associates reported 773 stock positions worth $17.7 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 7.3% of the portfolio, followed by iShares Core MSCI Emerging (IEMG, 5.8%) and Alphabet Class A (GOOGL, 4.1%). Compared with Q2 2024, it opened 78 new positions, sold out of 183, added to 260 and reduced 429. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +6%) and the biggest sale Procter & Gamble (PG, shares −55%).
- Most Recent 13F
- Q2 2026
- Notable People
- Ray Dalio
- Location
- Westport, CT
- CIK
- 0001350694
- Portfolio Value
- $17.7B (Q3 2024)
- SEC Filing
- 0001172661-24-004671 ↗ filed Nov 13, 2024
Holdings Value
Holdings 773 stocks · $17.7B
| IVV iShares Core S&P 500 ETF | 7.26% | 2,222,834 | $1.3B | Add +5.8% |
| IEMG iShares Core MSCI Emerging | 5.78% | 17,779,378 | $1.0B | Reduce -4.7% |
| GOOGL Alphabet Inc. Class A | 4.11% | 4,379,337 | $726.3M | Reduce -3.5% |
| NVDA Nvidia Corp. | 3.27% | 4,754,271 | $577.4M | Reduce -27.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.72% | 836,965 | $480.2M | Add +17.5% |
| META Meta Platforms Inc. Class A | 2.60% | 802,202 | $459.2M | Reduce -16.6% |
| MSFT Microsoft Corp. | 2.12% | 870,178 | $374.4M | Reduce -20.2% |
| PG The Procter & Gamble Co. | 1.57% | 1,601,368 | $277.4M | Reduce -55.5% |
| AMZN Amazon.com Inc. | 1.49% | 1,411,643 | $263.0M | Reduce -46.6% |
| AAPL Apple Inc. | 1.36% | 1,031,856 | $240.4M | Add +119.9% |
| AMD Advanced Micro Devices | 1.36% | 1,464,077 | $240.2M | Add +33.1% |
| JNJ Johnson & Johnson | 1.35% | 1,470,121 | $238.2M | Reduce -54.1% |
| WMT Walmart Inc. | 1.30% | 2,844,325 | $229.7M | Reduce -56.3% |
| LRCX Lam Research Corp. | 1.28% | 276,052 | $225.3M | Add +315.0% |
| CEG Constellation Energy | 1.13% | 767,856 | $199.7M | Add +295.1% |
| MRK Merck & Co. Inc. | 1.00% | 1,554,270 | $176.5M | Reduce -13.8% |
| PDD PDD Holdings Inc. | 0.96% | 1,251,860 | $168.8M | Reduce -0.2% |
| V Visa Inc. Class A | 0.95% | 609,659 | $167.6M | Reduce -23.9% |
| AVGO Broadcom Inc. | 0.93% | 955,433 | $164.8M | Add +290.6% |
| VWO Vanguard Ftse Emerging Marke | 0.93% | 3,422,405 | $163.8M | Reduce -17.7% |
| KO The Coca-Cola Co. | 0.91% | 2,230,674 | $160.3M | Reduce -56.7% |
| KLAC KLA Corp. | 0.88% | 201,482 | $156.0M | Add +99.5% |
| COST Costco Wholesale Corp. | 0.85% | 168,891 | $149.7M | Reduce -61.7% |
| MBB iShares MBS ETF | 0.77% | 1,416,200 | $135.7M | Reduce -2.6% |
| QCOM Qualcomm Inc. | 0.77% | 796,997 | $135.5M | Add +1968.1% |
| VST Vistra Corp. | 0.75% | 1,116,282 | $132.3M | Add +135.3% |
| PEP Pepsico Inc. | 0.73% | 757,894 | $128.9M | Reduce -59.4% |
| BKNG Booking Holdings Inc. | 0.73% | 30,542 | $128.6M | Add +22.4% |
| EWY iShares MSCI South Korea ETF | 0.70% | 1,927,560 | $123.3M | Add +12.9% |
| MCK McKesson Corp. | 0.69% | 246,237 | $121.7M | Reduce -4.3% |
| CCJ Cameco Corp. | 0.67% | 2,478,488 | $118.4M | Add +19.9% |
| AMAT Applied Materials Inc. | 0.66% | 580,917 | $117.4M | Add +397.1% |
| CI The Cigna Group | 0.64% | 323,836 | $112.2M | Add +14.6% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.63% | 983,200 | $111.1M | Reduce -1.1% |
| XOM Exxon Mobil Corp. | 0.61% | 911,527 | $106.8M | Reduce -3.1% |
| MU Micron Technology Inc. | 0.58% | 983,685 | $102.0M | New |
| HCA HCA Healthcare Inc. | 0.58% | 250,041 | $101.6M | Reduce -15.5% |
| CVX Chevron Corp. | 0.56% | 669,119 | $98.5M | Add +336.1% |
| FISV Fiserv Inc. | 0.55% | 539,762 | $97.0M | Reduce -23.4% |
| PYPL PayPal Holdings Inc. | 0.54% | 1,221,461 | $95.3M | Reduce -23.9% |
| VOO Vanguard S&P 500 ETF | 0.51% | 172,089 | $90.8M | Add +427.9% |
| TGT Target Corp. | 0.49% | 553,461 | $86.3M | Reduce -27.5% |
| ON On Semiconductor | 0.46% | 1,123,041 | $81.5M | Add +8367.5% |
| ABT Abbott Laboratories | 0.46% | 707,615 | $80.7M | Reduce -57.6% |
| WFC Wells Fargo & Co. | 0.45% | 1,409,035 | $79.6M | Add +75.3% |
| CRM Salesforce Inc. | 0.42% | 270,414 | $74.0M | Reduce -4.5% |
| MO Altria Group Inc. | 0.42% | 1,438,565 | $73.4M | Add +29.8% |
| NRG NRG Energy Inc. | 0.42% | 804,801 | $73.3M | Add +352.9% |
| EXPE Expedia Group Inc. | 0.41% | 492,719 | $72.9M | Add +21.2% |
| CMG Chipotle Mexican Grill Inc. | 0.41% | 1,256,728 | $72.4M | Reduce -39.9% |
| MCD McDonald's Corp. | 0.41% | 236,633 | $72.1M | Reduce -78.0% |
| SMCI Super Micro Computer Inc. | 0.38% | 161,104 | $67.1M | Add +921.1% |
| LLY Eli Lilly & Co. | 0.37% | 73,271 | $64.9M | Reduce -23.5% |
| AZO AutoZone Inc. | 0.37% | 20,546 | $64.7M | Add +7.7% |
| GS Goldman Sachs Group Inc. | 0.36% | 127,571 | $63.2M | Add +174.9% |
| CL Colgate-Palmolive Co. | 0.36% | 606,621 | $63.0M | Reduce -52.6% |
| CMCSA Comcast Corp. Class A | 0.33% | 1,392,641 | $58.2M | Reduce -20.1% |
| C Citigroup Inc. | 0.32% | 892,638 | $55.9M | Add +25.9% |
| BABA Alibaba Group Holding-SP ADR | 0.31% | 512,303 | $54.4M | New |
| ANET Arista Networks Inc. | 0.30% | 139,688 | $53.6M | Add +2207.0% |
| COR Cencora Inc. | 0.30% | 237,450 | $53.4M | Reduce -7.0% |
| MDT Medtronic PLC | 0.30% | 582,728 | $52.5M | Reduce -57.7% |
| EWW iShares MSCI Mexico ETF | 0.29% | 958,294 | $51.5M | New |
| CAH Cardinal Health Inc. | 0.29% | 465,259 | $51.4M | Reduce -1.2% |
| PHM Pultegroup Inc. | 0.29% | 358,089 | $51.4M | Add +35.9% |
| PINS Pinterest Inc. Class A | 0.29% | 1,581,652 | $51.2M | Add +158.5% |
| GPN Global Payments Inc. | 0.27% | 473,515 | $48.5M | Reduce -4.5% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.27% | 1,155,760 | $48.5M | Add +54.4% |
| CVS CVS Health Corp. | 0.27% | 754,152 | $47.4M | Reduce -39.4% |
| HPQ HP Inc. | 0.27% | 1,318,599 | $47.3M | Add +2649.5% |
| BKR Baker Hughes Co. | 0.25% | 1,234,630 | $44.6M | Add +36.8% |
| ABNB Airbnb Inc. Class A | 0.25% | 349,523 | $44.3M | Add +111.6% |
| ALL Allstate Corp. | 0.25% | 233,259 | $44.2M | Add +96.3% |
| STZ Constellation Brands Inc. Class A | 0.24% | 167,902 | $43.3M | Reduce -31.0% |
| DECK Deckers Outdoor Corp. | 0.24% | 270,915 | $43.2M | Add +98.2% |
| DASH DoorDash Inc. Class A | 0.24% | 302,506 | $43.2M | Reduce -55.5% |
| EOG EOG Resources Inc. | 0.24% | 343,160 | $42.2M | Add +1003.5% |
| CPAY Corpay Inc. | 0.24% | 134,084 | $41.9M | Reduce -3.1% |
| MFC Manulife Financial Corp. | 0.24% | 1,404,481 | $41.6M | Add +169.7% |
| TMUS T-Mobile US Inc. | 0.23% | 199,579 | $41.2M | Reduce -1.6% |
| ABBV Abbvie Inc. | 0.23% | 204,572 | $40.4M | Reduce -29.1% |
| WTW Willis Towers Watson PLC | 0.23% | 135,001 | $39.8M | Add +23.8% |
| GSK GSK PLC-Spon ADR | 0.22% | 965,836 | $39.5M | Add +107.3% |
| MET Metlife Inc. | 0.22% | 476,686 | $39.3M | Add +16.0% |
| GE General Electric filed as GE AEROSPACE | 0.22% | 205,615 | $38.8M | Reduce -4.4% |
| NEM Newmont Corp. | 0.22% | 711,591 | $38.0M | Add +1947.6% |
| LULU Lululemon Athletica Inc. | 0.22% | 140,033 | $38.0M | Add +33.8% |
| GDDY GoDaddy Inc. Class A | 0.21% | 238,856 | $37.4M | Reduce -5.3% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.21% | 520,921 | $37.4M | Add +29.5% |
| MCHI iShares MSCI China ETF | 0.21% | 732,513 | $37.3M | Reduce -2.4% |
| SU Suncor Energy Inc. | 0.21% | 983,633 | $36.3M | Add +113.4% |
| LEN Lennar Corp. Class A | 0.20% | 192,363 | $36.1M | Reduce -38.2% |
| URA Global X Uranium ETF | 0.20% | 1,249,576 | $35.8M | Reduce -12.4% |
| SBUX Starbucks Corp. | 0.20% | 366,307 | $35.7M | Reduce -73.2% |
| CNC Centene Corp. | 0.20% | 467,245 | $35.2M | Add +5.2% |
| KR Kroger Co. | 0.20% | 610,776 | $35.0M | Reduce -52.2% |
| TCOM Trip.com Group Ltd.-ADR | 0.20% | 588,260 | $35.0M | Reduce -1.3% |
| FXI iShares China Large-Cap ETF | 0.20% | 1,097,658 | $34.9M | Reduce -2.5% |
| APP AppLovin Corp. Class A | 0.20% | 265,590 | $34.7M | Add +337.9% |
| CVE Cenovus Energy Inc. | 0.19% | 2,030,336 | $34.0M | New |
Portfolio Sells Q2 2024 → Q3 2024
| PG The Procter & Gamble Co. | Reduce -55.5% | 1.57% | −1.52 |
| AMZN Amazon.com Inc. | Reduce -46.6% | 1.49% | −1.18 |
| COST Costco Wholesale Corp. | Reduce -61.7% | 0.85% | −1.11 |
| JNJ Johnson & Johnson | Reduce -54.1% | 1.35% | −1.10 |
| MCD McDonald's Corp. | Reduce -78.0% | 0.41% | −1.02 |
| WMT Walmart Inc. | Reduce -56.3% | 1.30% | −1.00 |
| NVDA Nvidia Corp. | Reduce -27.5% | 3.27% | −0.96 |
| PEP Pepsico Inc. | Reduce -59.4% | 0.73% | −0.88 |
| KO The Coca-Cola Co. | Reduce -56.7% | 0.91% | −0.80 |
| MA Mastercard Inc. Class A | Reduce -85.0% | 0.15% | −0.67 |
| MDLZ Mondelez International Inc. Class A | Reduce -81.9% | 0.15% | −0.53 |
| ABT Abbott Laboratories | Reduce -57.6% | 0.46% | −0.45 |
| MSFT Microsoft Corp. | Reduce -20.2% | 2.12% | −0.42 |
| SYK Stryker Corp. | Reduce -80.7% | 0.12% | −0.42 |
| EWZ iShares MSCI Brazil ETF | Reduce -81.5% | 0.12% | −0.42 |
| SBUX Starbucks Corp. | Reduce -73.2% | 0.20% | −0.35 |
| BSX Boston Scientific Corp. | Reduce -69.6% | 0.17% | −0.30 |
| CL Colgate-Palmolive Co. | Reduce -52.6% | 0.36% | −0.29 |
| CMG Chipotle Mexican Grill Inc. | Reduce -39.9% | 0.41% | −0.27 |
| MDT Medtronic PLC | Reduce -57.7% | 0.30% | −0.27 |
| VEEV Veeva Systems Inc. Class A | Reduce -74.1% | 0.12% | −0.25 |
| UBER Uber Technologies Inc. | Reduce -83.0% | 0.05% | −0.23 |
| GOOGL Alphabet Inc. Class A | Reduce -3.5% | 4.11% | −0.20 |
| DG Dollar General Corp. | Reduce -47.5% | 0.11% | −0.19 |
| BDX Becton Dickinson and Co. | Reduce -77.8% | 0.06% | −0.19 |
| EW Edwards Lifesciences Corp. | Reduce -68.2% | 0.06% | −0.19 |
| GILD Gilead Sciences Inc. | Reduce -73.8% | 0.10% | −0.18 |
| KMB Kimberly-Clark Corp. | Reduce -52.3% | 0.19% | −0.17 |
| MRK Merck & Co. Inc. | Reduce -13.8% | 1.00% | −0.17 |
| DLTR Dollar Tree Inc. | Reduce -82.3% | 0.02% | −0.16 |
| KHC The Kraft Heinz Co. | Reduce -75.9% | 0.06% | −0.15 |
| V Visa Inc. Class A | Reduce -23.9% | 0.95% | −0.15 |
| GIS General Mills Inc. | Reduce -58.8% | 0.16% | −0.14 |
| DASH DoorDash Inc. Class A | Reduce -55.5% | 0.24% | −0.14 |
| EL Estee Lauder Companies Class A | Reduce -80.2% | 0.04% | −0.14 |
| TRGP Targa Resources Corp. | Reduce -84.6% | 0.03% | −0.14 |
| KR Kroger Co. | Reduce -52.2% | 0.20% | −0.13 |
| ELF Elf Beauty Inc. | Reduce -74.2% | 0.02% | −0.13 |
| EA Electronic Arts Inc. | Reduce -47.6% | 0.18% | −0.13 |
| CVS CVS Health Corp. | Reduce -39.4% | 0.27% | −0.11 |
| K Kellanova | Reduce -69.1% | 0.10% | −0.11 |
| CHD Church & Dwight Co. Inc. | Reduce -71.7% | 0.05% | −0.11 |
| HON Honeywell International Inc. | Reduce -85.1% | 0.02% | −0.10 |
| HSY The Hershey Co. | Reduce -74.2% | 0.04% | −0.10 |
| TGT Target Corp. | Reduce -27.5% | 0.49% | −0.10 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.10 |
| MPC Marathon Petroleum Corp. | Reduce -95.7% | 0.00% | −0.10 |
| KDP Keurig Dr Pepper Inc. | Reduce -59.1% | 0.10% | −0.10 |
| CLX Clorox Company | Reduce -81.6% | 0.03% | −0.10 |
| BECN Beacon Roofing Supply Inc. | Reduce -93.8% | 0.01% | −0.10 |
Portfolio Buys Q2 2024 → Q3 2024
| IVV iShares Core S&P 500 ETF | Add +5.8% | 7.26% | +1.26 |
| CEG Constellation Energy | Add +295.1% | 1.13% | +0.93 |
| LRCX Lam Research Corp. | Add +315.0% | 1.28% | +0.91 |
| AAPL Apple Inc. | Add +119.9% | 1.36% | +0.85 |
| AVGO Broadcom Inc. | Add +290.6% | 0.93% | +0.73 |
| QCOM Qualcomm Inc. | Add +1968.1% | 0.77% | +0.73 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +17.5% | 2.72% | +0.70 |
| MU Micron Technology Inc. | New | 0.58% | +0.58 |
| VST Vistra Corp. | Add +135.3% | 0.75% | +0.54 |
| AMAT Applied Materials Inc. | Add +397.1% | 0.66% | +0.52 |
| ON On Semiconductor | Add +8367.5% | 0.46% | +0.46 |
| KLAC KLA Corp. | Add +99.5% | 0.88% | +0.45 |
| CVX Chevron Corp. | Add +336.1% | 0.56% | +0.43 |
| VOO Vanguard S&P 500 ETF | Add +427.9% | 0.51% | +0.43 |
| AMD Advanced Micro Devices | Add +33.1% | 1.36% | +0.43 |
| NRG NRG Energy Inc. | Add +352.9% | 0.42% | +0.34 |
| SMCI Super Micro Computer Inc. | Add +921.1% | 0.38% | +0.31 |
| BABA Alibaba Group Holding-SP ADR | New | 0.31% | +0.31 |
| ANET Arista Networks Inc. | Add +2207.0% | 0.30% | +0.29 |
| EWW iShares MSCI Mexico ETF | New | 0.29% | +0.29 |
| HPQ HP Inc. | Add +2649.5% | 0.27% | +0.26 |
| GS Goldman Sachs Group Inc. | Add +174.9% | 0.36% | +0.25 |
| EOG EOG Resources Inc. | Add +1003.5% | 0.24% | +0.22 |
| BKNG Booking Holdings Inc. | Add +22.4% | 0.73% | +0.21 |
| NEM Newmont Corp. | Add +1947.6% | 0.22% | +0.21 |
| WFC Wells Fargo & Co. | Add +75.3% | 0.45% | +0.20 |
| CVE Cenovus Energy Inc. | New | 0.19% | +0.19 |
| APP AppLovin Corp. Class A | Add +337.9% | 0.20% | +0.17 |
| Z Zillow Group Inc. Class C | Add +428.2% | 0.19% | +0.17 |
| MFC Manulife Financial Corp. | Add +169.7% | 0.24% | +0.16 |
| VRT Vertiv Holdings Co. Class A | Add +590.6% | 0.18% | +0.16 |
| BTI British American Tob-SP ADR | New | 0.15% | +0.15 |
| MO Altria Group Inc. | Add +29.8% | 0.42% | +0.15 |
| ALL Allstate Corp. | Add +96.3% | 0.25% | +0.15 |
| PINS Pinterest Inc. Class A | Add +158.5% | 0.29% | +0.15 |
| CI The Cigna Group | Add +14.6% | 0.64% | +0.15 |
| EXPE Expedia Group Inc. | Add +21.2% | 0.41% | +0.15 |
| XYZ Block Inc. | Add +2156.0% | 0.15% | +0.14 |
| PHM Pultegroup Inc. | Add +35.9% | 0.29% | +0.14 |
| CCJ Cameco Corp. | Add +19.9% | 0.67% | +0.14 |
| SE Sea Ltd.-ADR | Add +430.8% | 0.16% | +0.14 |
| GSK GSK PLC-Spon ADR | Add +107.3% | 0.22% | +0.13 |
| DECK Deckers Outdoor Corp. | Add +98.2% | 0.24% | +0.13 |
| FSLR First Solar Inc. | Add +5397.2% | 0.13% | +0.13 |
| ABNB Airbnb Inc. Class A | Add +111.6% | 0.25% | +0.12 |
| VALE Vale SA-SP ADR | Add +723.2% | 0.13% | +0.12 |
| SU Suncor Energy Inc. | Add +113.4% | 0.21% | +0.11 |
| EWY iShares MSCI South Korea ETF | Add +12.9% | 0.70% | +0.11 |
| B Barrick Gold Corp. | Add +114.3% | 0.16% | +0.10 |
| UTHR United Therapeutics Corp. | Add +384.3% | 0.13% | +0.10 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 997 | $24.4B | SPY, IVV, NVDA, AVGO, AMZN |
| Q1 2026 | 993 | $22.4B | SPY, IVV, AMZN, NVDA, GOOGL |
| Q4 2025 | 1,040 | $27.4B | SPY, IVV, NVDA, LRCX, CRM |
| Q3 2025 | 1,014 | $25.5B | IVV, SPY, GOOGL, MSFT, CRM |
| Q2 2025 | 585 | $24.8B | SPY, IVV, NVDA, IEMG, GOOGL |
| Q1 2025 | 664 | $21.6B | SPY, IVV, IEMG, BABA, GOOGL |
| Q4 2024 | 691 | $21.8B | SPY, IVV, IEMG, GOOGL, NVDA |
| Q3 2024 | 773 | $17.7B | IVV, IEMG, GOOGL, NVDA, SPY |
| Q2 2024 | 877 | $19.2B | IVV, IEMG, GOOGL, NVDA, PG |
| Q1 2024 | 677 | $19.8B | IVV, IEMG, GOOGL, PG, NVDA |